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Banking big HSBC has filed trademark functions with the USA Patent and Trademark Workplace (USPTO) for a variety of digital forex services, together with these associated to the metaverse and non-fungible tokens (NFTs).
HSBC’s Trademark Functions for Crypto-Associated Merchandise and Providers
HSBC has filed two crypto-related trademark functions for its identify and brand with the USA Patent and Trademark Workplace (USPTO). Mike Kondoudis, a USPTO-licensed trademark legal professional, famous in a tweet Friday that HSBC’s trademark functions point out the financial institution’s plans for a variety of digital services, together with these associated to the alternate and switch of digital currencies.
HSBC’s crypto-related trademark functions have been filed on Dec. 15; their serial numbers are 97718803 and 97718583. The financial institution described a variety of services in its functions, together with sending, receiving, changing, and storing digital currencies.
The trademark functions additionally element a number of metaverse-related services, resembling “facilitating safe fee transactions by digital means within the metaverse,” “offering banking providers within the metaverse,” and “offering processing of digital bank card, digital debit card, digital pay as you go card, and digital fee card transactions within the metaverse.” HSBC additionally included a variety of NFT providers, resembling “downloadable digital information authenticated by non-fungible tokens (NFTs).”
HSBC joined the metaverse by partnering with blockchain digital gaming platform The Sandbox in March. Nonetheless, HSBC Group’s CEO, Noel Quinn, stated in September that crypto isn’t within the financial institution’s future.
An rising variety of main companies and monetary providers establishments have filed trademark functions protecting a variety of digital forex and metaverse services. For instance, Visa, Paypal, and Western Union filed crypto-related trademark functions in October. Final month, JPMorgan Chase was granted a pockets trademark protecting numerous digital forex and fee providers.
What do you concentrate on HSBC submitting trademark functions for crypto-related services? Tell us within the feedback part beneath.
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